Airbnb (ABNB) Net Margin (2020 - 2026)
Airbnb (ABNB) posted quarterly Net Margin of 5.97% for Q1 2026, down 80.0% year-over-year from 29.87% in Q1 2025, and down 51.33% quarter-over-quarter from 12.28% in Q4 2025.
Airbnb (ABNB) Net Margin (2020 - 2026) Analysis & Trends
Airbnb's Net Margin history runs 7 years deep, the most recent figure standing at 5.97% for Q1 2026.
- In Q1 2026, Net Margin fell 80.0% year-over-year to 5.97%; the TTM figure through Mar 2026 stood at 19.9% (down 269.0% YoY), while the FY2025 annual figure was 20.51%, down 334.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.97%, down from 12.28% in the prior quarter.
- The five-year high for Net Margin was 128.76% in Q3 2023, with the low at 17.72% in Q4 2023.
- The 5-year median for Net Margin is 18.01% (2022), against an average of 22.73%.
- The sharpest annual moves came in 2022 and 2024: Net Margin soared 13090 bps in 2022, then slumped 9210 bps in 2024.
- Airbnb's Net Margin stood at 16.77% in 2022, then slumped by 206 bps to 17.72% in 2023, then jumped by 205 bps to 18.59% in 2024, then tumbled by 34 bps to 12.28% in 2025, then tumbled by 51 bps to 5.97% in 2026.
- Business Quant data shows ABNB's Net Margin at 5.97% in Q1 2026, 12.28% in Q4 2025, and 33.55% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.69 Bn | 140.47 Bn | 4.98 Bn | 26.52% |
| 2 | Airbnb | 106.27 Bn | 94.20 Bn | 2.98 Bn | 22.62% |
| 3 | Royal Caribbean Cruises | 80.62 Bn | 79.70 Bn | 2.29 Bn | 23.51% |
| 4 | Viking Holdings | 44.61 Bn | 40.81 Bn | 713.43 Mn | 17.99% |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 20.28% |
| 6 | Carnival | 38.14 Bn | 35.89 Bn | - | 8.07% |
| 7 | Trip.com | 29.07 Bn | 17.37 Bn | 1.86 Bn | 33.60% |
| 8 | Norwegian Cruise Line Holdings | 8.38 Bn | 8.16 Bn | 1.05 Bn | 8.43% |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 3.19% |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 1.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.62% |
| Mar 31, 2026 | 5.97% |
| Dec 31, 2025 | 12.28% |
| Sep 30, 2025 | 33.55% |
| Jun 30, 2025 | 20.74% |
| Mar 31, 2025 | 6.78% |
| Dec 31, 2024 | 18.59% |
| Sep 30, 2024 | 36.66% |
| Jun 30, 2024 | 20.20% |
| Mar 31, 2024 | 12.32% |
| Dec 31, 2023 | -17.72% |
| Sep 30, 2023 | 128.76% |
| Jun 30, 2023 | 26.17% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 16.77% |
| Sep 30, 2022 | 42.09% |
| Jun 30, 2022 | 18.01% |
| Mar 31, 2022 | -1.26% |
| Dec 31, 2021 | 3.56% |
| Sep 30, 2021 | 37.27% |